Experience Stern | News & Events

Excerpt from Financial Times -- "Devised by the US academic Edward Altman in the 1960s, [the Z-score] seeks out common financial characteristics among firms that have gone bust, and then looks for those characteristics among existing firms."  Additional coverage appeared in Seeking Alpha and TheStreet.com.

Excerpt from VoxEU.org -- "Viral Acharya talks to Viv Davies about the recent report issued by the UK's Independent Commission on Banking. They discuss capital requirements and the proposal to ringfence bank’s retail versus investment activities."

Excerpt from The New York Times -- “When the crisis hit and people really started to feel a pinch in their pocketbooks, they started to spend less across the board, especially in discretionary kinds of things. ... But it's difficult, I think, for people to do that for a long time, even when they need to.” Additional coverage appeared in Rutland Herald.

Excerpt from FOX Business -- "I think the main thing we need to do in this country is get our economy moving again, growing at normal rates, not 1 or 2 percent, but historically, it's growth at 3-4%. If we get that back, there will be a lot of the problems we're worried about now that will go away..."  Additional coverage appeared on Yahoo! Finance.

Excerpt from Financial Times -- "In his memoir of life on Wall Street, "On Money and Markets," Henry Kaufman, the Salomon Brothers economist, notes that when he showed up for his first day of work in 1962, 'most partners sat on the trading floor, including Billy Salomon, the managing partner.'"

Excerpt from Poynter.org -- " ... [Time.com was] named by the L2 Digital Think Tank and NYU’s Stern School of Business as the No. 1 brand in the magazine industry for digital excellence, the only brand of 87 surveyed to earn a “genius” distinction."

Excerpt from States News Service -- "Hal Hershfield, Assistant Professor, Stern School of Business, New York University, will discuss his innovative research on how presenting people an image of their future selves could change their attitudes toward retirement savings."  Additional coverage appeared in Reuters Daybook.

More than 450 aspiring entrepreneurs from NYU’s student, alumni and faculty communities gathered in Paulson Auditorium to hear about this year’s Entrepreneurs Challenge. During the official Kick-Off, attendees received information about NYU Stern’s 13th Annual New Venture Competition and 9th Annual Social Venture Competition – both sponsored by Stern’s Berkley Center for Entrepreneurship & Innovation – and NYU’s 2nd Annual Technology Venture Competition, hosted by Stern’s Berkley Center and NYU’s Innovation Venture Fund.

Excerpt from Reuters TV -- "Greece is so far out of bounds in terms of productivity and competitiveness that even if the European Union gets together and provides enough support to stabilize the fiscal situation, they can't compete and they can't grow."

Excerpt from Yahoo! Finance -- "'You can easily make an argument that the short run and medium run doesn't look very good,' says Spence. However, unlike his colleague Roubini, Spence says a recession is not a sure thing." Additional coverage appeared on Ritholz.

Excerpt from Bloomberg -- "'Banking is risky,' Vickers said today on a panel hosted by New York University’s Stern School of Business. 'Those risks 'should sit with investors, not the taxpayers. Nor should they sit with retail depositors,' he said."  Additional coverage appeared on Reuters.

Excerpt from Bloomberg -- "Financial risk management can’t be effective if there aren’t good operational controls in place, such as confirming trades, said Leon Metzger."  Additional coverage appeared in Brisbane Times.

Excerpt from SignOnSanDiego.com -- "In 2003, UCSD's Clive W.J. Granger shared the Nobel Prize in economics. He shared the prize with Robert Engle, who retired from the UCSD faculty that same year."

Excerpt from CNBC -- "The Center for Financial Policy at the University of Maryland's Robert H. Smith School of Business will co-host a "Systemic Risk and Data Issues" conference, October 5-6, 2011, at the Ronald Reagan Building and International Trade Center, Washington, D.C." Additional coverage appeared in States News Service, PR Newswire, SunHerald.com, TheStreet.com, Street Insider and StockHouse.com.

Professor Richard Sylla on the value of credit ratings agencies, such as S&P.

Students, alumni and faculty from across the University will have an opportunity to learn about Stern's 13th Annual New Venture Competition and Ninth Annual Social Venture Competition, as well as NYU's Second Annual Technology Venture Competition. Attendees will also hear from previous winners and past judges.

Excerpt from Bloomberg TV -- "The reason why there's such compensation of CEOs and it's so exorbitant, is they are so incredibly important in terms of the right guy or gal, and having stability at the top."  Additional coverage appeared on Bloomberg.

Excerpt from Project-Syndicate -- "As the American economy continues to sputter three years after the global financial crisis erupted, one thing has become clear: the United States cannot generate higher rates of growth in GDP and employment without a change in the mix of the economy’s domestic and export-oriented components." Additional coverage appeared in China Daily, Global Public Square, Sunday's Zaman, Joins.com, The Independent and The Daily News Egypt.

Excerpt from American Enterprise Institute -- "'My own profession, economics, has not distinguished itself in recent decades,' Henry Kaufman sadly wrote."

Excerpt from The Harbus -- "In the third-place match, HBS faced the tournament organizers, NYU Stern."

Excerpt from The Huffington Post -- "According to Jonathan Haidt's 'The Happiness Hypothesis,' 'When husbands and wives estimate the percentage of housework each does, their estimates total more than 120 percent.'"  Additional coverage appeared on HometownAnnapolis.com and Jewish Journal.

Excerpt from Variety -- "CBS research guru David Poltrack keeps trying to find novel ways to change the conversation about ratings and demographics."

In an interview, Professor Thomas Pugel discusses the economy.

Excerpt from USA Today -- "In her book, The 11 Laws of Likability, Lederman outlines some ways to bolster your self-image and help you project an authentic image that will attract others and help lead you to the success you desire."

Excerpt from Washington Square News -- "If the idea takes off, it will be pretty easy for competitors to replicate the business model. In fact, Amazon has been thinking about a similar idea using 7-11 stores."